Tag: Banking

Repositioning an African Child from Labour to Leadership in Global Energy, Banking & Investment Markets

This thought leadership article by Kovimariva Samuel Mungunda calls for a fundamental shift in how Africa prepares its youth—from labourers to leaders in global energy, banking, and investment sectors. Through real-world examples like the Namibia-Botswana oil refinery initiative, it advocates for youth inclusion, mentorship, and Pan-African collaboration to build a future-ready workforce and reclaim Africa’s role in shaping global markets.

Making Capital Work for African Women: Closing the gender financing gap alongside the African Development Bank Group

This article explores the critical role of financial institutions in closing the gender financing gap in Africa, focusing on the partnership between Absa Corporate and Investment Banking (CIB) and the African Development Bank Group (AfDB). It highlights the transformative impact of integrated financial and non-financial support for women entrepreneurs, illustrated by the success story of South African business leader Busisiwe Mdletshe. With reference to recent gender parity data and large-scale investment initiatives, the article emphasizes the importance of combining capital access with human development to achieve inclusive economic growth. The article outlines landmark financing packages aimed at supporting women-led SMEs and advocates for continued collaboration between development finance institutions and private sector banks to scale impact across the continent.

Digital empowerment takes root in Zimbabwe with EFTCorp and EmpowerBank Limited

Digital financial inclusion is gaining momentum in Zimbabwe through a strategic partnership between EFTCorp and EmpowerBank Limited, a youth-focused microfinance institution. Together, they are building a robust digital ecosystem that supports underserved communities—particularly young people and women—by providing accessible banking infrastructure, youth microloans, financial literacy programs, and entrepreneurship support. EmpowerBank’s grassroots development initiatives are complemented by EFTCorp’s cutting-edge digital payment technologies, enabling mobile-first, scalable, and secure financial services. This public-private collaboration exemplifies how digital transformation can foster economic empowerment and sustainable development from the ground up.

Pixels, Passion, and the Power of Untapped Potential: Africa’s Quiet Gaming Revolution

Africa’s gaming industry is experiencing a quiet yet vibrant revolution, driven by passionate developers in cities like Cape Town and Johannesburg. While global gaming narratives often overlook the continent, African creators are building innovative, culturally rich games that blend mythological storytelling, local aesthetics, and experimental genres. Despite challenges like limited infrastructure, funding, and complex cross-border payment systems, these developers continue to push boundaries and craft unique gaming experiences tailored to local realities. The rise of platforms like Xsolla is helping bridge gaps in access to global markets, providing essential tools for growth. Africa’s gaming scene is not waiting for the future—it’s already shaping it.

Africa’s Music & Arts Industry is a Sleeping Giant—Here’s How It Becomes a Billion-Dollar Powerhouse

Africa’s creative industry holds immense potential to become a billion-dollar powerhouse, driven by Afrobeats, Nollywood, and rising digital demand. In this thought-provoking piece, Sylvester Sede explores how public-private investment, IP reform, artist ownership, and regional collaboration can unlock a $10B+ creative economy and position Africa as a global cultural and economic leader.